FTSE 100 movers: Software stocks rally; miners in the red
By Michele Maatouk
Date: Monday 14 Sep 2026
(Sharecast News) - London's FTSE 100 was up 0.6% at 10,712.16 in afternoon trade on Monday.
Software stocks Sage Group, Relx, Experian and LSEG were among the top performers as they benefited from worries about AI.
Chris Beauchamp, chief market analyst at IG, said: "These stocks were victims of the SAASpocalypse, on fears AI would wipe out their businesses.
"Those fears were overdone, but if the AI giants do put their foot on the break, then the outlook for revenues for Sage, Relx and their SAAS brethren globally becomes much brighter, even if it only delays a longer-term loss of business."
Neil Wilson, UK investor strategist at Saxo Markets, said: "If AI is slowing then software wins as the threat to their models and revenues eases."
GSK also gained as it hailed two major advances in its oncology pipeline.
Miners were on the back foot, with Antofagasta, Anglo American, Glencore and Rio Tinto all lower as copper prices fell.
FTSE 100 - Risers
The Sage Group (SGE) 1,018.00p 6.26%
Relx plc (REL) 2,624.00p 6.06%
GSK (GSK) 1,856.50p 4.77%
Experian (EXPN) 2,898.00p 4.13%
Smith & Nephew (SN.) 1,048.00p 3.92%
London Stock Exchange Group (LSEG) 8,550.00p 3.81%
AstraZeneca (AZN) 12,150.00p 3.66%
Diageo (DGE) 1,656.00p 3.47%
British American Tobacco (BATS) 4,244.00p 3.34%
Haleon (HLN) 344.00p 3.03%
FTSE 100 - Fallers
Antofagasta (ANTO) 3,561.00p -5.91%
Halma (HLMA) 3,438.00p -5.34%
Fresnillo (FRES) 2,900.00p -3.62%
Anglo American (AAL) 3,828.00p -3.54%
International Consolidated Airlines Group SA (CDI) (IAG) 405.30p -3.38%
Weir (WEIR) 2,632.00p -3.31%
Glencore (GLEN) 586.60p -2.91%
Rio Tinto (RIO) 7,149.00p -2.85%
IMI (IMI) 2,952.00p -2.70%
Barclays (BARC) 480.85p -2.49%
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